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Wilmar buys 27.5 pct stake in Morocco sugar firm for $263 mln

2013-04-16 08:47:51| Sugar Industry News

SINGAPORE, April 16 (Reuters) - Singapore\'s Wilmar International Ltd said it has acquired a 27.5 percent stake in Cosumar S.A., Morocco\'s sole sugar supplier, for 2.3 billion Moroccan dirhams ($263 million), expanding its sugar operations into Africa.

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